Shouting out support for “Manchester United” or “Liverpool” is a common ruse used by tourist touts in Thailand to start a conversation with British holidaymakers – before luring them into a souvenir shop.

Investment banks earned the least since 2002 from Russian corporate deals last year as sanctions and low oil prices curbed transactions, according to the consultancy Freeman & Co. Domestic lenders garnered more than half of the commissions for the first time as international firms retreated.